MISSION VIEJO, CA -- (Marketwired) -- 05/17/13 -- Aeolus Pharmaceuticals, Inc. (OTCQB: AOLS), a biotechnology company leveraging significant government funding to develop a platform of novel compounds to protect against radiological and chemical threats and for use in oncology, announced the appointment of John M. Clerici, Mitchell D. Kaye, and Jeffrey A. Scott, M.D., to its board of directors and accepted the resignations of Joseph J. Krivulka, Michael E. Lewis, PhD, and Peter D. Suzdak, PhD.
"We are pleased to announce the addition of John, Mitch and Jeffrey to the board of directors," stated David Cavalier, Chairman of the board of directors. "John brings over 14 years of experience in working with the US Government in public health preparedness, and will contribute significantly to our medical countermeasure development programs. Mitch's experience in business development and financing biotech companies will be invaluable as we begin to generate efficacy data from our animal efficacy and cancer studies. Jeffrey's experience as an oncologist, drug developer and senior executive in one of the leading pharmaceutical distribution companies will be invaluable as we begin to move forward with our AEOL 10150 oncology development program and begin to formulate our strategies for making our compound available in the most efficient and effective way for biodefense purposes. We also thank Joe Krivulka, Michael Lewis and Peter Suzdak, for their dedication and service to the board and shareholders of Aeolus over the past 8 years. Each of them made important contributions to Aeolus that have helped position us for the next stage of our growth."
"Having the government contracting, business development and oncology expertise that John, Mitch, and Jeffrey possess, will be critical assets to the Company, as we transition from the manufacturing and animal model development that characterized the first two years of our BARDA contract, to animal efficacy, human safety studies and ultimately procurement of AEOL 10150," stated John L. McManus, President and Chief Executive Officer of Aeolus Pharmaceuticals.
John M. Clerici is a founding Principal of Tiber Creek Partners, LLC, a company focused on providing scientific and business counseling to biotechnology companies seeking to use non-dilutive capital from the U.S. and foreign governments and from non-governmental organizations. Mr. Clerici is also a Partner in the government contracts practice at McKenna Long & Aldridge LLP. For over 14 years, Mr. Clerici has been at the forefront of the creation of the public health preparedness sector, including helping large pharmaceutical and emerging biotechnology companies develop creative approaches to access non-dilutive capital to fund the development of biotechnology for emerging disease and engineered threats. Since 1999, Mr. Clerici has assisted over three dozen companies in obtaining nearly $4 billion in funding for research, development and procurement of public health countermeasures from the Federal government, which includes the majority of the awards made under Project Bioshield, the U.S. Government's initiative for preparing the United States against a bioterrorist attack. Prior to joining McKenna Long & Aldridge LLP, Mr. Clerici was a judge advocate with the U.S. Air Force where, among other assignments, he advised the Air Force Research Laboratory on the procurement of technology from research institutions throughout the United States, Europe and Asia. Mr. Clerici earned his Juris Doctor from the University of North Carolina at Chapel Hill in 1995. He did his undergraduate work at the Catholic University of America, graduating summa cum laude.
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